Biden Administration Is Said to Slow Early Stage of Shift to Electric Cars::The change to planned rules was an election-year concession to labor unions and auto executives, according to people familiar with the plan.

  • cyd@lemmy.world
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    10 months ago

    Here’s the story as I understand it. US automakers want to make expensive premium cars because those sell for high margins. The big breakthrough in the EV market over the past few years has been China EV makers figuring out how to make cheap and “good-enough” EVs, which are catching on in many places across the world. This is clearly the direction in which the market has to move (whether via Chinese or non-Chinese automakers) to spur mass EV adoption. In the US, however, the established automakers can rely on protectionism to block imports, this keeping the US market limited to big expensive cars that remain using ICEs.

        • Pika
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          10 months ago

          Last month, Tesla’s chief executive predicted that Chinese automakers will “demolish” global rivals without trade barriers.

          it sounds like maybe they should, idk? work on making their own garbage cheaper then? that soley sounds like a competition problem not a consumer problem. As long as the cars meet US safety standards for manufactoror I embrace the competition

          • GiveMemes@jlai.lu
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            10 months ago

            Billionaires love laissez-faire capitalism until it comes to bite them in the ass

          • dragontamer@lemmy.world
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            10 months ago

            The geopolitical calculus here is about manufacturing.

            If China owns EV production lines, that gives them the drone advantage in the next war, as the Li-ion battery is the hard thing to make in a drone.

            If USA has EV lines, even if it’s more expensive, we have the resources to make drones as well. (Or Li-ion batteries in other useful weapons).

            Ceeding the military advantage to the Chinese for some cheap consumer goods is a bad tradeoff, especially as China is building a Navy to fight us in Taiwan.